The global agricultural conveying machinery market is projected to grow robustly over the forecast period (2017- to 2021), according to a report added on Radiant Insights, Inc. Agricultural conveying machinery are an essential part of material handling equipment used for accumulation and transportation of seeds and crops. Instances of such equipment include combine harvesters, forage harvesters, screw conveyors, etc. The utilization of these devices culminates in swift production rates and low maintenance costs.

High demand for foods is expected to drive the agricultural conveying machinery market over the forecast period. The automation of farming equipment and high support levels from government for adoption of conveying machinery are expected to augur market demand in the forthcoming years. The integration of global positioning systems (GPS) is projected to net huge dividends for the market. However, high costs of the equipment may restrain market growth.

The concerns of environmental pollution have led to adoption of fuel-efficient equipment by farmers. Diesel-run grain conveyors are being used to minimize production expenses and to encourage energy conservation practices. The demand for eco-friendly conveyor belts is expected to gain traction due to their cost-effectiveness, superior performance, and ability to dust pollution.

Key companies in the market for agricultural conveying machinery are increasingly relying on automation to cut down on expenses. In November 2017, products of CLAAS of America Inc. were selected by the American Society of Agricultural and Biological Engineers (ASABE) for excellence in innovation. Noted among them were the JAGUAR 900 Series Forage Harvester and the CLAAS EASY mobile application used in task management.

The agricultural conveying machinery market is segmented by type and region. By types, the market is divided into in-floor, on-floor, and overhead conveyors.

Regions covered in the market report include North America, Asia, and Europe. The North America market is touted to reign during the forecast period due to adoption of latest farming practices. The U.S. being one of the biggest exporters of seeds globally may also be a huge factor affecting market growth. The seed treatment of crops such as maize and wheat and other genetically modified crops is projected to further spur demand in the market.

The Europe agricultural conveying machinery market is anticipated immense growth in near future owing to the European Union (EU) directive of 2005 which allows the use of automation for sustainable farming practices. Farmers in the region are building vertical storage bins to minimize land use and to reduce the distance covered by farming conveyors such as grain harvesters. Consolidation is also expected to play a major role in the industry with mergers taking place between companies to reduce competition and keep prices economical.

The Asia market is expected to experience a steady growth rate over the forecast period due to presence of agrarian economies such as China and India. The use of the latest conveyors to cater to the growing food demand by the rising population is predicted to lead to high demand.

Prominent players in the agricultural conveying machinery market include ContiTech AG, Fenner Dunlop, The Yokohama Rubber Company, Limited, Märtens Transportbänder GmbH, and Ammeraal Beltech GmbH. Acquisitions and development of novel products are some of the chief strategies used in expanding their market share. For instance, in 2016, WGI Westman Group Inc. acquired Elias Reliabelt Inc. to strengthen their position in the North America market for farm storage and handling purposes.

Agricultural Conveying Machinery Market

The global agricultural conveying machinery market is projected to grow robustly over the forecast period (2017 to 2021), according to a report added on Radiant Insights, Inc. Agricultural conveying machinery are an essential part of material handling equipment used for accumulation and transportation of seeds and crops. Instances of such equipment include combine harvesters, forage harvesters, screw conveyors, etc. The utilization of these devices culminates in swift production rates and low maintenance costs.

High demand for foods is expected to drive the agricultural conveying machinery market over the forecast period. The automation of farming equipment and high support levels from government for adoption of conveying machinery are expected to augur market demand in the forthcoming years. The integration of global positioning systems (GPS) is projected to net huge dividends for the market. However, high costs of the equipment may restrain market growth.

The concerns of environmental pollution have led to adoption of fuel-efficient equipment by farmers. Diesel-run grain conveyors are being used to minimize production expenses and to encourage energy conservation practices. The demand for eco-friendly conveyor belts is expected to gain traction due to their cost-effectiveness, superior performance, and ability to dust pollution.

Key companies in the market for agricultural conveying machinery are increasingly relying on automation to cut down on expenses. In November 2017, products of CLAAS of America Inc. were selected by the American Society of Agricultural and Biological Engineers (ASABE) for excellence in innovation. Noted among them were the JAGUAR 900 Series Forage Harvester and the CLAAS EASY mobile application used in task management.

The agricultural conveying machinery market is segmented by type and region. By types, the market is divided into in-floor, on-floor, and overhead conveyors.

Regions covered in the market report include North America, Asia, and Europe. The North America market is touted to reign during the forecast period due to adoption of latest farming practices. The U.S. being one of the biggest exporters of seeds globally may also be a huge factor affecting market growth. The seed treatment of crops such as maize and wheat and other genetically modified crops is projected to further spur demand in the market.

The Europe agricultural conveying machinery market is anticipated immense growth in near future owing to the European Union (EU) directive of 2005 which allows the use of automation for sustainable farming practices. Farmers in the region are building vertical storage bins to minimize land use and to reduce the distance covered by farming conveyors such as grain harvesters. Consolidation is also expected to play a major role in the industry with mergers taking place between companies to reduce competition and keep prices economical.

The Asia market is expected to experience a steady growth rate over the forecast period due to presence of agrarian economies such as China and India. The use of the latest conveyors to cater to the growing food demand by the rising population is predicted to lead to high demand.

Prominent players in the agricultural conveying machinery market include ContiTech AG, Fenner Dunlop, The Yokohama Rubber Company, Limited, Märtens Transportbänder GmbH, and Ammeraal Beltech GmbH. Acquisitions and development of novel products are some of the chief strategies used in expanding their market share. For instance, in 2016, WGI Westman Group Inc. acquired Elias Reliabelt Inc. to strengthen their position in the North America market for farm storage and handling purposes.